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Judy Shelton Restoring Order to the Global Currency System

Gesara.news » News » Judy Shelton Restoring Order to the Global Currency System

News Date: July 21, 2020

President Donald J. Trump Announced Intent to Nominate Individuals to Key Administration Posts,
Judy Shelton of Virginia, to be a Member of the Board of Governors of the Federal Reserve System for the remainder of a 14-year term expiring January 31, 2024.
She is author of:
The Coming Soviet Crash: Gorbachev's Desperate Pursuit of Credit in Western Financial Markets.
Money Meltdown: Restoring Order to the Global Currency System.
Source:www.whitehouse.gov
Judy Shelton interview on gold standard:
"I like the idea of a gold backed currency, it could even be done in a Cryptocurrency sort of way.
A unified money system, so when you talk about the international marketplace, everyone is playing on a level monetary playing field.
I don't see it so much as returning [to the gold standard], more like 'back to the future.' I think that what a gold standard stands for is monetary discipline for its own sake. Money is supposed to be a unit of account, a reliable measure and a dependable store of value. It really shouldn't be subject to who's the chairman of the Federal Reserve.
How can a dozen [...] people meeting eight times a year, decide what the cost of capital should be versus some kind of organically, market supply determined rate? The Fed is not omniscient. They don't know what the right rate should be. How could anyone? [...] If the success of capitalism depends on someone being smart enough to know what the rate should be on everything we're doomed. We might as well resurrect Gosplan.
A linked system could allow currency convertibility by individuals (as under a gold standard) or foreign central banks (as under Bretton Woods). Either way, it could redress inflationary pressures.
Source:twitter.com

Multichain integrates XRP Ledger

Multichain is supporting XRP Ledger (XRPL) for cross-chain connection with EVM and non-EVM compliant blockchains.
Multichain was born as Anyswap on the 20th July 2020 to service the clear needs of different and diverse blockchains to communicate with each other.
As a cross-chain infrastructure, Multichain facilitates interoperability across different networks and enables seamless transfers of assets and values.
With a constantly growing family of non-EVM and EVM chains (now 39), Multichain is the leader in the cross-chain field.
Its sustained daily volume of more than $200 million, its Total Value Locked in excess of $6 billion, and its thousands of daily users are testament to its popularity and security.
Source: medium.com

Central bankers are losing the war on gold

The central bankers, Wall Street - the usual suspects - they are losing this war on gold as they have done in the 1960s, Middelkoop told the Keiser Report.
The year the author was referring to is when the London Gold Pool existed. The group was comprised of several central banks, which dumped their gold reserves to keep bullion price at $35 per troy ounce. Middelkoop says that now we can see the second London Gold Pool is failing.

Gold Standard Bill re-introduced

May 12, 2024 update: U.S. Rep. Alex Mooney (R-WV) has reintroduced a bill aimed at eliminating federal income taxation on gold and silver coins as well as bullion, emphasizing the value of stable currency.
Older news:
U.S. Congressman Introduces Gold Standard Bill as Inflation Spirals Out of Control.
Rep. Alex Mooney proposes the United States adopt a new gold standard after U.S. government officials first disclose all gold holdings and secret gold transactions, allowing the gold price to adjust to its fair market value.
Referred to as the 'Gold Standard Restoration Act' by sound money activists, H.R. 9157 calls for the repegging of the Federal Reserve note to gold in order to address the ongoing problems of inflation, runaway federal debt, and monetary system instability.
Alex Mooney also introduced H.R.5404 (2018), a bill to define the dollar as a fixed weight of gold.
Sources: accesswire.com , gesara.news

A comprehensive guide to Precious Metals

A comprehensive guide to Precious Metals. It is easy to understand. Even beginners can use it to learn about mining, what factors move prices, and how trading works.
The guide includes:
> Why Are Metals Important?
> What Are the Different Types of Metals?
> Main Uses of Metals?
> What are the Main Global Metals Trends?
> Top Metals Producing Countries?
> Top Precious Metal Indices?
> What Are The Top Metals Investment Resources?
> Where to Trade Metals?
You can learn more here: commodity.com

US Mint Temporarily Closes, new coin images

Look at the date of the closing of the mint. This announcement was for public tours but when banks tried to order coins - they have been told the mint is closed.
View of new 2020 $1 coins being minted:
They don't look like anything we've seen before. These coins started in 2018 ... could this be in preparation for NESARA?
Think about this - paper money is easy to reprint, but coinage has to be minted... could it be that the mint was closed to re-tool and prepare to mint new coinage? Could it be that coins have been short due to the need for the metal to re-produce coinage?
There is a lot of stuff being blamed on the Virus - is the coin shortage really due to COVID??
Announcement :www.usmint.gov
Source:www.usmint.gov

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